Exact(13)
Students may be dissuaded from continuing their education in part because of the increasing debt burden from their undergraduate years.
Last week, THL said that Simmons — whose immense debt burden from the takeover was hampering its prospects — would be put into bankruptcy proceedings and sold.
Once in place, euro-zone rescue funds could recapitalise ailing banks directly, lifting some of the debt burden from weaker states.
They would also effectively be transferring the debt burden from countries like Greece and Italy to countries like Germany or the Netherlands.
Japan's previous government limited new bond issuance each fiscal year to ¥44 trillion, or $514 billion, as a first step to prevent Japan's debt burden from worsening further.
But critics warned that borrowing so much to rebuild schools would increase the state's already soaring debt burden from $14 billion to nearly $23 billion in just a few years.
Similar(47)
But a shift in the policy mix will not stop many European countries' debt burdens from spiralling yet higher.
In particular, he sensibly notes that beleaguered treasuries will not be able to prevent sovereign debt burdens from spiraling out of control unless tax revenues rise.
Low inflation, and still more, deflation push up real interest rates and force businesses, households and governments to slash spending in order to keep their debt burdens from growing.It is true that the ECB faces obstacles that its peers do not.
And, of course, we know the other side as well: lousy job prospects (though perhaps some recent glimmers); massive debt burdens from their university days; born into an age of political divisiveness, scandal, and economic crisis.
The case marks the first time the Consumer Financial Protection Bureau has taken action against the for-profit college industry, which is facing heightened scrutiny for its marketing practices and student debt burdens from more than a dozen attorneys general and the U.S. Department of Education.
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